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Fed's Kaplan says he sees no change in Fed funds rate though this year

Kaplan in comments in an essay ForexLive
Feb 18, 2020 Read more

Coronavirus: WHO says there are 92 cases of human-to-human spread outside China

The latest update from the WHO ForexLive
Feb 18, 2020 Read more

EU to seek to preserve single market unity in recognizing Ireland's specific situation

Northern Ireland back in play An EU draft seen by Reuters on the negotiating mandate: ForexLive
Feb 18, 2020 Read more

EURGBP trades near 2016/2017 lows

Like the EURCHF, the pair sits on an edge The EURCHF is trading near the edge of a cliff on the weekly chart (see post here).  So is the EURGBP.  
Feb 18, 2020 Read more

Gold busts out

Gold up 1% Gold has surged after the US put sanctions on the trading unit of Russian oil firm Rosneft. Gold rose to the highs of the month earlier then backed off but this news has given it fresh legs.  A close at these levels would be the highest since 2013.
Feb 18, 2020 Read more

US sanctions Russia's Rosneft over Venezuela ties

Russia won't like that The US dollar has slumped on the headlines. More to come. ForexLive
Feb 18, 2020 Read more

China will stabilize foreign trade and consumption - ministry

A hint at action from China The Chinese ministry of commerce is out with some comments suggesting more measures to stimulate the economy but what's tough for me to grasp is how you incentivize consumption when consumers are staying inside?
Feb 18, 2020 Read more

The EURCHF sits on the edge of the cliff

Trades below the 2016 and 2017 lows but can't go very far The EURCHF has been toying with jumping off the edge of the cliff. Looking at the weekly chart above, the swing lows from 2016 and 2017 bottomed in the 1.0617 to 1.0634 area.  The 2017 low's not been revisited in total last week and again this week.  In fact the low
Feb 18, 2020 Read more

US February NAHB housing market index 74 vs 75 expected

Home builder sentiment from the NAHB It's a touch softer but that's a small change and puts the index back to December levels. ForexLive
Feb 18, 2020 Read more

New Zealand GDT price index -2.9%

The latest daily auction results ForexLive
Feb 18, 2020 Read more

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